Iran strikes Qatar’s main LNG facility – one of the world’s biggest – following an Israeli attack on the giant South Pars gas field. President Trump has warned of stern intervention should retaliatory strikes continue. Equities in Europe are back in the red following a two-day winning streak. The Federal Reserve holds rates steady and signalling a single cut to come this year. Chairman Jerome Powell says it is too early to tell what impact the war in Iran could have on inflation.

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